Working from home tax relief continues, but new claims required

Employees working from home due to the coronavirus pandemic can continue to claim tax-relief on costs not reimbursed by their employer, but a new claim will need to be made…
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Recovery loan scheme

The Recovery loan scheme is a government loan scheme that allows qualifying businesses to borrow up to £10 million – either as term loans, overdrafts, invoice finance or asset finance.…
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BEIS guidance on Restart Grants published

The Restart Grant scheme to help businesses reopen safely as COVID-19 restrictions are lifted has been launched with confirmation grants will be available from 1 April 2021 but applications can…
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Recovery Loan scheme set for April launch

A new loan scheme to support access to finance for UK business as they grow and recover from the disruption of the Covid-19 pandemic was announced at the Budget The…
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Bounce back loan scheme (BBLS) – Pay as you grow

Originally announced by the Chancellor of the Exchequer in September 2020, Pay As You Grow (PAYG) will enable businesses who have started repaying their Bounce Back Loans to: request an…
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Bounce Back Loan repayment terms extended to 10 years

Businesses that took out government-backed Bounce Back Loans to get through Covid-19 will now have greater flexibility to repay their loans, the government has announced. Bounce Back Loan borrowers will…
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5 key actions your business needs to take to thrive post lockdown

1 Understand your new normal Put bluntly you need to know – does your business have a future post lockdown? Take a close look at each element of your business…
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Closing the digital gap for SMEs

Very interesting research from the Entrepeneurs Network, along with Xero, on how increased digital adoption by the UK’s 1.1m micros businesses could significantly increase productivity. https://static1.squarespace.com/static/58ed40453a04116f46e8d99b/t/5f0647cdfa5c672f379d2686/1594247126067/Upgrade.pdf

A good time for a start-up?

Is now a good time to start a business? After the largest fall in GDP in a century, and with 9.3m jobs furloughed, this might seem like a strange time for a…
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The recovery starts now – Xero Blog

Gary Turner, Managing Director of Xero UK tells us why we need to put digital technology at the heart of the coronavirus pandemic recovery.— Read on www.xero.com/blog/2020/07/xero-roadmap-to-business-recovery/